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Commercial Drones Market Future Trends and Scope Analysis by 2023

This report analyzes and forecasts the market for Commercial Drones at the Global and Regional levels. The market has been estimated based on revenue [US$ Mn] from 2017 to 2023 and forecasts for the sub-segments have also been provided in the report. The study includes impact analysis of the drivers and restraints in the Global Commercial Drones Market. It also covers the analysis of the trends in demand for Commercial Drones during the forecast period.

Global commercial drones market size is expected to exceed USD X.xx billion by 2023, growing at a CAGR between 16% and 17% over the period of 2017 – 2023. Commercial drone is an unmanned aircraft system which is utilized for carrying out complex commercial operations for businesses and governments. Various components can be attached to the drones for carrying out specific tasks. Commercial drones can carry higher payload, fly for longer period, and they have advanced flight controllers and sensors. As it can be easily controlled from remote locations and reach normally inaccessible locations, it find applications such as high altitude mapping, land surveying, media coverage, movie production, precision agriculture, real estate exploration, retail delivery, search & rescue operations, law enforcement surveillance and industrial surveillance among others. Unlike the conventional delivery vehicles, commercial drones require less energy and it can provide last mile connectivity.